This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
Some MLSs are 'strongly opposed' to requiring the display of listing agents in addition to listing brokerages
CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
The brokerage brought in $1.74B between July and September, but also lost $100M — and sees seasonality returning to the business
Glenn Sanford made the comment while on stage at EXPCON about a week after Zillow revealed plans to abandon iBuying
Pretium Partners has agreed to buy some of Zillow's homes as the listings portal exits the iBuyer business, The Wall Street Journal reports
EXp CEO Jason Gesing also told Inman that franchising may see waning popularity, while iBuying is likely to remain a niche offering
How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO?
Zillow may have damaged relationships with repair contractors in its race to gain market share from rival iBuyers, Business Insider reports
Coldwell Banker Bain chair Bill Riss has sold his majority interest in the company to US RES Holdco, an affiliate of Houston title insurance company Stewart Information Services
Opinion
As we move into 2022, many parts of the country will be experiencing mixed markets where prices may be appreciating in one price range and declining in another. Here's how to keep up with your local market and help your clients make the best decision possible
Ahead of eXp's EXPCON event, Sanford also discussed agent compensation and his company's latest earnings results
EXp has managed to place itself at the forefront of numerous real estate trends. Its first companywide event since the pandemic may offer hints at where it's going in the future
San Francisco-based RedDoor has developed a quick pre-approval process for consumers and will see its products integrated into the iBuyer's lending services
In a new interview on Thursday, Offerpad CEO Brian Bair explained where Zillow went wrong and his enduring faith in the iBuying business model